ZK
Zybrea Knight
Answers (2)
ZK
Answered
Cash and accounts receivable for Ashfall Co. are provided below. Current Year Prior Year Cash $62,400$58,000 Accounts receivable (net) 42,00050,000\begin{array}{lll}&\text { Current Year }&\text { Prior Year }\\\text { Cash } & \$ 62,400 & \$ 58,000 \\\text { Accounts receivable (net) } & 42,000 & 50,000\end{array} Cash Accounts receivable (net) Current Year $62,40042,000 Prior Year $58,00050,000 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Round percentages to one decimal place.
On May 07, 2024
Cash$4,400 increase
($62,400 - $58,000) or 7.6%Accounts receivable$8,000 decrease
($42,000 - $50,000) or
(16%)
($62,400 - $58,000) or 7.6%Accounts receivable$8,000 decrease
($42,000 - $50,000) or
(16%)
ZK
Answered
Shine Clean, a laundry detergent manufacturer, employs unskilled locals and trains them. It manufactures its detergent using organic products. It uses biodegradable packaging that is sourced locally, and disposes its wastes using environmentally friendly methods. It follows the advice of its research team and takes discretionary actions in the hopes of making things better in the future. Shine Clean is pursuing the ___ strategy of CSR.
A) resistive
B) obstructionist
C) defensive
D) accommodative
E) proactive
A) resistive
B) obstructionist
C) defensive
D) accommodative
E) proactive
On May 03, 2024
E